Quote:
Originally Posted by RickFLM4
It’s simply one scenario vs. your statement of “no scenario” “ever” where leasing is financially favorable. But you know that already and are just here to troll, right.
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Ok... Lets do a comparison:
Lease: You lease your m4 for lets say a 3 year term... your monthly lease payment is 1500 a month CDN (Roughly based on local lease terms and takeover terms). 1500x12 = 18,000 CDN a year. 18000x3 years = $54,000 dollars that you will never get back.
Buying used outright: I'll use my scenario, I bought a 2016 M4 for $57,500 CDN taxes in. In four or five years lets say I put 10,000 KILOMETRES. year on the car it will have under 90,000 kilometres at the end of that term. I think its safe to assume that based on current values and even what e92's are going for that my car will still be worth atleast 40k. 57,500-40,000 = $17,500 ownership cost over four years (Not including maintenance and mods and other stuff of course.)
How is one not better than the other? Sure I could blow the motor up or something devastating could happen to the vehicle but scenarios like that are not all that likely and are still probably cheaper then what a lease would cost. Plus its actually mine and I'm completely uninhibited in how I mod it or what I want to do with it.